How much a worker contributes to Social Security: this is what should appear on your payroll

The Social Security contribution is important for the worker, since it determines the worker’s access to retirement pensions, permanent disability, widowhood, coverage in periods of leave or unemployment benefits.

For all this, it is key that said worker clearly knows what they contribute to Social Security while carrying out their work. The body for information:

-The worker pays 4.7% for common contingencies (2% in overtime due to force majeure), 1.55% for unemployment (1.60% in part-time contracts) and 0.10% for vocational training for a total of 6.35% on the basis of Social Security. In addition, they pay a percentage of IRPF (Personal Income Tax) on the base salary and that depends on each case and that can be modified in human resources.

-The employer or company pays 23.6% for common contingencies (12% in overtime due to force majeure), 5.50% for unemployment (6.70% in part-time contracts), 0.60 % for professional training, 0.20% for the Salary Guarantee Fund (Fogasa) and a percentage for professional contingencies that depends on the type of activity carried out by the worker.

These are the contributions of the general scheme, to which a large part of the workers belong. However, Social Security houses other schemes that have different contributions. This is the case of self-employed and employed agricultural workers (during periods of activity and inactivity).

All these data must be reflected in the payroll that the human resources department must provide us each month to be aware of the amount of money that is paid to us and that paid to Social Security and the Tax Agency, in terms of contributions and taxes.

Obviously, the payroll of one worker can contain very different data from that of another, even within the same company. However, all payrolls must adhere to information models in which all the data required by current legislation must be contained.

The was approved in 2014 with the aim of regularizing a new model for justifying the payment of wages in which not only the worker’s contributions appear, but also the broken down company approvals.

Thus, with the new salary receipt model, the worker can find out what he pays to Social Security (and also to the Tax Agency) and also what the company pays for him, obliged to do so by law.